* The US aerospace giant is the chief contractor in a US$620m deal to upgrade the island’s defences
* Beijing says move is retaliation for State Department’s approval for deal – the seventh signed off by the Trump White House
Beijing will impose sanctions on Lockheed Martin after the US approved a deal that would allow Taiwan to upgrade its Patriot missile defences.
“The Chinese side has decided to take the necessary measure by imposing sanctions on Lockheed Martin Corporation, which is the chief contractor in the arms deal,” foreign ministry spokesman Zhao Lijian told a news conference in Beijing on Tuesday.
Last week the State Department approved a US$620 million package for the self-ruled island to extend the operational life of its US-supplied Patriot Advanced Capability-3 (PAC-3) missiles.
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WNU Editor: These sanctions are not going to impact Lockheed Martin …. Beijing’s sanctions on Lockheed Martin diplomatic but not damaging, observers say (SCMP).
Lockheed Martin faces China’s sanctions over Taiwan deal — Global Times
China to sanction Lockheed Martin over Taiwan arms sale — Reuters
China to impose sanctions on Lockheed Martin — UPI
China places sanctions on Lockheed Martin over arms sales to Taiwan — FOX News
China Retaliates Against Lockheed Martin on Taiwan Part Sale — Bloomberg
China will sanction Lockheed Martin over arms sales to Taiwan — CNN